The National Currency of the Sultanate of Oman
What Is the Oman Rial (OMR)? OMR is the currency code for the Omani rial. The OMR is the national currency...
Investing in Currencies
EUR/USD (Euro/U.S. Dollar) Definition and History
What Is the Currency Pair: EUR/USD (Euro/U.S. Dollar)? The Currency Pair EUR/USD is the shortened term for the euro against...
What Is an Indirect Quote? Definition and vs. Direct Quote
What Is an Indirect Quote? The term “indirect quote” is a currency quotation in the foreign exchange market that expresses the...
What They Are, Why Countries Hold Them
What Are Foreign Exchange Reserves? Foreign exchange reserves are assets that are denominated in a foreign currency held by a...
What it is, History, Investor Interest
What Is AUD? AUD is the abbreviation for the Australian dollar. In the international currency market, the Australian dollar is...
Why Governments Seek to Eliminate Cash
Why Eliminate Cash? Cash can be used in criminal activities such as money laundering and tax evasion because it is...
History and Trading the British Pound Sterling
What Is the GBP? GBP is the abbreviation for the British pound sterling, the official currency of the United Kingdom,...
Definition as Trading Strategy and Example
What is a Currency Carry Trade? A currency carry trade is a strategy whereby a high-yielding currency funds the trade...
Definition, Types, Uses in Trading
What Is a Forex Chart? A forex chart graphically depicts the historical behavior, across varying time frames, of the relative...
How Currency-Hedged ETFs Work
When you invest in foreign companies, not only are you betting on the success of that asset, but you're also...
